The NZD/USD is a popular currency pair representing the exchange rate between the New Zealand dollar and the U.S. dollar. It reflects the economic relationship between New Zealand and the United States, with New Zealand’s economy being heavily dependent on agriculture and exports. Often viewed as a risk-sensitive pair, NZD/USD tends to strengthen during periods of global optimism and weaken when investors seek safety. Traders follow this pair closely for its reaction to commodity prices, trade balances, and monetary policy decisions from both countries.